Energy Department Turns Ordinary Gasoline Sale Into Major Announcement
Congress forced the government to sell gasoline from the Strategic Petroleum Reserve, an obligation the Biden administration is now bragging about fulfilling.
Oil prices
Republicans Want More Control Over America's Oil Reserve. They Should Scrap It Instead.
The Strategic Petroleum Reserve is supposed to insulate the U.S. from oil embargoes and foreign wars. More often, it has been used like an insurance policy for private companies.
Inflation Cools to 7.1 Percent, but Still Has a Long Way To Fall
Food prices were up 0.5 percent during November, even as energy prices fell by about 1.6 percent.
Gavin Newsom Does His Best Jimmy Carter Impression
California's governor is following Carter's disastrous energy policies at a time when the state's residents are suffering from already high prices.
Rockets, Feathers, and Rising Gasoline Prices
Saudi Arabia snubs Biden by advocating OPEC cut oil production by 2 million barrels per day.
When Sri Lanka Banned Synthetic Fertilizers, the Country Imploded
Green activists have some good points. But the pursuit of a chemical-free world hurts vulnerable people the most.
John Fetterman Proposes Prosecuting Oil Executives for High Gas Prices
Ignoring the principles of supply and demand, Fetterman thinks high gas prices should be a matter for law enforcement.
Tumbling Gas Prices Caused Inflation To Fall to 8.5 Percent in July
Prices for food and housing continued to rise but were offset by lower gas and energy prices.
Fuming About Corporate Greed Won't Fix High Gas Prices
Rebutting Democrats' gaseous words on refiners' greed.
If Biden Were Serious About Energy Policy, Here's What He'd Propose
Blaming oil companies and Vladimir Putin for our current energy woes is dishonest and unhelpful.
Sorry, Biden, Gas Stations Can't Just 'Bring Down the Price'
The average gas station owner makes pennies per gallon of gas sold.
Instead of Helping Americans Battle Rising Prices, Biden Escalates 'Big Oil' Blame Game
Removing tariffs could save American households $800 this year. What is the White House waiting for?
Has Inflation Peaked?
The Federal Reserve started the problem, and consumers are paying for the consequences.
Is DeSantis a Principled Governor or a Retaliatory Culture Warrior?
Plus: Are political parties the ideal vessel for advancing libertarian principles?
No, Gas Prices Didn't Spike Because of 'Corporate Greed'
Corporations were just as greedy when prices fell in 2019 and early 2020.
Annual Inflation Hits 8.5 Percent, Highest Rate Since 1981
Plus: China's unsustainable COVID lockdowns, Texas Gov. Greg Abbott's performative anti-immigration antics snarl supply chains, and more...
Biden's Dishonest Attempt To Pin Inflation on Putin
The White House's latest attempt to scapegoat rising prices ignores everything that happened before the past three weeks.
Elizabeth Warren Says the Solution to High Gas Prices Is Higher Taxes on Oil Companies
A windfall profit tax on oil companies didn't work in the 1970s and it won't work today.
The Weird Politics of Biden's Ban on Russian Oil and Gas
Plus: Misconceptions about public opinion, suit challenging D.C. therapy rules moves forward, and more...
Pump Prices Are Going Up, But That's a Helluva Lot Better Than 1970s Gas Rationing
Oil supplies were already tight before petro-state Russia invaded Ukraine.
Putin's War Spikes Oil and Natural Gas Prices
Gasoline may reach an average of $4 per gallon.
Elizabeth Warren Is Trying To Blame Inflation on 'Price Gouging.' Don't Buy It.
Warren's claim that oil companies are jacking up prices to turn a bigger profit doesn't stand up to even the slightest scrutiny.
New York Times Writer Sarah Jeong Says Inflation in the News Is Just 'Rich People Flipping Their Shit'
Are normal Americans worried about inflation? Jeong says nope, it's a ginned-up outrage because rich people's "parasitic assets aren’t doing as well as they’d like."
Gas Prices Were Lower Last Year Because Last Year Was Really, Really Awful
And Trump is taking full credit.
OPEC and Russia Agree To Cut Oil Production To Boost Prices
U.S. and Canada are supposed to agree to cut 5 million barrels
Gavin Newsom, Supporter of Massive Gas Tax Hike, Demands Investigation of $4 per Gallon CA Gas Prices
The governor's request comes after the release of a report finding the state's taxes and regulations explain half of the higher prices Golden State motorists pay.
The U.S. Shouldn't Rush to War With Iran Over Saudi Oilfield Attack
Open warfare between Iran and Saudi Arabia would be far worse than this weekend's attacks.
Oil Prices Are Rising. Don't Expect Trump's Tweets to Lower Them.
If the president does want to lower oil prices, he could push Congress to expand domestic oil production.
How Cartels and Political Uncertainty Cause Rising Oil and Gas Prices
Rising U.S. oil production will moderate future price increases.
Peak Oil: What Ever Happened to Hubbert's Peak?
Next year U.S. oil production will exceed its 1970 peak.
OPEC Production Cutbacks, Oil Prices and Fracking
The petro-autocracies attempt to get more cash to buy off their restive populations will fail
Oil Output Freeze by Russia, Saudi Arabia, Venezuela, and Qatar: So What?
Would-be oil cartelizers will fail in the long run
$20 Oil Soon? Resource Depletionists Go Hide Your Heads in Shame!
How low can the slide downward from the peak of the most recent commodity super-cycle go?
Oil Price Super-Cycle Collapse: Party Like It's 1998?
Never bet against human ingenuity operating in free markets.
Obama Rejects Keystone Oil Pipeline: Not in National Interest
"The pipeline would not make a meaningful long-term contribution to our economy."
Oil Prices to Fall to $20 Per Barrel?
Surprise: Oil production did not peak on Thanksgiving Day 2005
Mistaking Peak Prices for "Peak Everything"
Economic Super-cycles and Falling Commodity Prices
Obama Claims U.S. "Free from the Grip of Foreign Oil"—No Thanks to Him
Obama administration did almost nothing to lower oil and gas prices
Venezuelan Fuel Subsidies Mean Cheap Gas—for Colombians
They should probably enjoy that cheap gas while they can get it.
